Examlex
What is the name of this compound?
Receivables
These are amounts owed to a business by its customers for goods or services delivered on credit.
GAAP
Generally Accepted Accounting Principles, a set of accounting rules and standards used in the United States for preparing financial statements.
IFRS
A collection of worldwide accounting rules for financial reporting, known as International Financial Reporting Standards.
Credit Card Sale
A transaction in which the purchase of goods or services is made using a credit card, allowing customers to delay payment and sellers to receive immediate funds.
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